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Finance Ministry wants to borrow over 900 mln euros from local banks in October

The Public Finance Ministry /MFP/ wants to borrow over 900 million euros (1 euro = 4.5 lei) or 4.1 billion lei from banks in October, through seven issues of Treasury and government bonds, according to the issue prospectuses posted on the MFP website.The first auction was scheduled for October 1, for an issue of 6-month discounted T-bills worth 1 billion lei, and the second one was scheduled for October 4, when 2-year benchmark bonds of 400 million lei ...

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Monday, October 1, 2012